PWCC Boggles the Mind. New Auctions

Peter_Spaeth · #1 12-22-2021, 06:46 PM

Quote:

Originally Posted by Flintboy

Not trying to go into a deep discussion about this issue, but if I�m going to get nailed with a BP then I should receive top quality service. Websites routinely crashing, AH�s bidding on their own cards, listing cards that are knowingly altered, etc. I have to pay 20% extra for that? It seems like everything is very difficult bidding with a true auction house, it really shouldn�t be. Hard pass on bidding with PWCC.

I think you should expect that service from anyone you are bidding good money with, whether or not they call part of your payment a premium or not.

25801wv · #2 12-22-2021, 06:51 PM

I have never consigned with them but I imagine they were charging seller fees than 10% when they were on ebay and I assume they paid the ebay and paypal fees out of that 10%. Now they get their own website and charge 20% fee. 100% increase. Must be a nice business to own. Good luck to them.

Peter_Spaeth · #3 12-22-2021, 06:53 PM

Quote:

Originally Posted by 25801wv

I have never consigned with them but I imagine they were charging seller fees than 10% when they were on ebay and I assume they paid the ebay and paypal fees out of that 10%. Now they get their own website and charge 20% fee. 100% increase. Must be a nice business to own. Good luck to them.

I would imagine that between doubling their effective seller's fee and no longer being visible as they were on ebay, they would not keep the same level of consignments?

Carter08 · #4 12-22-2021, 06:55 PM

Quote:

Originally Posted by Peter_Spaeth

I would imagine that between doubling their effective seller's fee and no longer being visible as they were on ebay, they would not keep the same level of consignments?

Agree. They seem to have their stuff together. Probably figured volume will decrease slightly but price per sale goes up.

drmondobueno · #5 12-25-2021, 11:51 AM

Quote:

Originally Posted by Carter08

Agree. They seem to have their stuff together. Probably figured volume will decrease slightly but price per sale goes up.

Make more, work less. Sounds like a winner to me.

Disclosure: not a fan or PWCC buyer since 2016.

Tao_Moko · #6 12-22-2021, 07:41 PM

Quote:

Originally Posted by 25801wv

I have never consigned with them but I imagine they were charging seller fees than 10% when they were on ebay and I assume they paid the ebay and paypal fees out of that 10%. Now they get their own website and charge 20% fee. 100% increase. Must be a nice business to own. Good luck to them.

I agree. It's hard to run a profitable business, pay fair or above avg wages to retain staff, please both suppliers and clients while maintaining a high level of customer care. If the consignors are pleased then cards are selling because buyers are paying. They disclose the fee up front and providing supply to meet demand. A 20%gp is not substantial.

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